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Cryptocurrencies Price Prediction: Uniswap, Cosmos and Ripple – European Wrap 24 February

Cryptocurrencies Price Prediction: Uniswap, Cosmos and Ripple – European Wrap 24 February
FXStreet TeamFXStreet TeamFXStreet

UNI aims for V-shaped recovery towards $33

Uniswap price suffered a major 45% pullback in the past three days, dropping to a low of $18.1 from its all-time high of $32.99. The digital asset has defended a crucial support level and aims for a notable rebound. Read more...

uni price

ATOM hints at a 57% drop if critical support barrier is breached

Cosmos price has been on a roller coaster ride as it did a 5x since the start of 2021. However, its recent development starting from early February is concerning. Sellers are overwhelming the buyers, and if it continues, ATOM’s gains could vanish. Read more...

ATOM/USDT 4-hour chart

XRP on-chain metrics scream buy as upswing to $1 looms

Ripple is nurturing an uptrend, following the recent breakdown to $0.35. The losses XRP suffered spread across the board in the market. Several tentative support levels did little to stop the sharp drop, including $0.55 and $0.4. Meanwhile, the cross-border token bulls have regained control, ready for another upswing to $1. Read more...

XRP/USD 4-hour chart

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FXStreet Team

Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

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Uniswap Price Forecast: UNI tests 200-day EMA supply amid renewed retail demand

Uniswap Price Forecast: UNI tests 200-day EMA supply amid renewed retail demand

Uniswap (UNI) edges higher near an immediate resistance at $3.88 on Tuesday. The native decentralized exchange (DEX) token is defying a broader correction in the cryptocurrency market, even as Bitcoin (BTC) falls toward $63,000 from its July highs around $67,000.
XRP slides amid risk-averse pressure and ahead of Fed rate decision

XRP slides amid risk-averse pressure and ahead of Fed rate decision

Ripple (XRP) continues to trade under increasing pressure on Tuesday. This marks the second consecutive day of declines, reflecting broader risk-off sentiment as investors appear to shift gears in anticipation of the Federal Reserve (Fed) interest rate decision. On Wednesday, the Federal Open Market Committee (FOMC) is widely expected to leave interest rates unchanged in the 3.50%-3.75% range.
Crypto Today: Bitcoin, Ethereum, XRP remain under pressure as risk-off sentiment persists

Crypto Today: Bitcoin, Ethereum, XRP remain under pressure as risk-off sentiment persists

Bitcoin (BTC) is falling toward the immediate $63,000 support at the time of writing on Tuesday, weighed down by continued risk-off sentiment. Altcoins, including Ethereum (ETH) and Ripple (XRP), remain under pressure, trading below $1,900 and $1.10, respectively. Crypto market sentiment remains largely unresponsive and in the Fear territory, as reflected in the Fear & Greed Index.
Bitcoin price prediction: Is $60K back in focus as headwinds mount?

Bitcoin price prediction: Is $60K back in focus as headwinds mount?

Bitcoin is falling towards 63k, at a 10-day low, as a sell-off in AI-linked stocks has hit risk sentiment, spilling over into cryptocurrencies and as investors look cautiously ahead to tomorrow's FOMC rate decision. Bitcoin is down 2.7% over the past 24 hours and more than 4% over the past seven days as it extends its pullback from 67k the July high reached last week.
Bitcoin: BTC holds firm, but the $100 Oil threat could change the game

Bitcoin: BTC holds firm, but the $100 Oil threat could change the game

Bitcoin (BTC) is modestly recovering, trading at $65,400 on Friday and holding firmly above the key support zone. US-listed spot Bitcoin Exchange Traded Funds (ETFs) supported BTC’s modest recovery as they continued to attract institutional inflows through Thursday, pointing to the third consecutive week of inflows.